Investing.com – United Arab Emirates stocks were lower after the close on Monday, as losses in the Transport, Services and Real Estate&Construction sectors led shares lower.
At the close in Dubai, the DFM General lost 1.83%, while the ADX General index fell 2.68%.
The best performers of the session on the DFM General were Emirate Integrated Telecom Co PJSC (DU:DU), which rose 0.41% or 0.020 points to trade at 4.930 at the close. Meanwhile, Dubai Islamic Insurance Co. (DU:AMAN) added 0.14% or 0.001 points to end at 0.694 and ARAMEX PJSC (DU:ARMX) was unchanged 0.00% or 0.000 points to 3.900 in late trade.
The worst performers of the session were Air Arabia PJSC (DU:AIRA), which fell 7.08% or 0.080 points to trade at 1.050 at the close. Takaful Emarat PSC (DU:TKFE) declined 6.47% or 0.130 points to end at 1.880 and National Central Cooling Co. (DU:TABR) was down 4.49% or 0.080 points to 1.700.
The top performers on the ADX General were National Bank of Fujairah PJSC (AD:NBF) which rose 13.38% to 3.39, Gulf Medical Projects Co PSC (AD:GMPC) which was up 9.88% to settle at 1.78 and Natl Bk Of Rak (AD:RAKB) which gained 0.69% to close at 4.38.
The worst performers were Sharjah Group Co (AD:SG) which was down 10.00% to 1.26 in late trade, Union Insurance Co PSC (AD:UNIN) which lost 9.71% to settle at 1.58 and Methaq (AD:METH) which was down 7.14% to 0.780 at the close.
Falling stocks outnumbered advancing ones on the Dubai Stock Exchange by 27 to 4 and 4 ended unchanged; on the Abu Dhabi, 18 fell and 5 advanced, while 6 ended unchanged.
Crude oil for August delivery was down 0.37% or 0.24 to $64.61 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August rose 0.84% or 0.62 to hit $74.06 a barrel, while the August Gold Futures contract rose 0.40% or 5.10 to trade at $1283.60 a troy ounce.
USD/AED was up 0.01% to 3.6732, while EUR/AED rose 0.10% to 4.2675.
The US Dollar Index Futures was down 0.07% at 94.38.
